Advanced Accounting

The idea of moving into, Advanced Financial Accounting after Intermediate Accounting might seem a bit intimidating. The truth of the matter, however, is that the bulk of the material in Advanced Financial Accounting is very focused. Roughly two-thirds deals with business combinations. The remaining material focuses on foreign currency transactions and translation, and partnership operations.

In all my years of teaching Advanced Accounting, I consistently find that the biggest problem is not Advanced Accounting, per se, but rather fundamental concepts from Intermediate Accounting. As I move through the course, therefore, I’ll spend a fair amount of time attempting to relate Intermediate Accounting concepts to the material at hand.